"Consumer Freedom From Unwanted Expense in Health Insurance Coverage Act."

This bill (A381) allows New Jersey residents to purchase health insurance policies from out-of-state insurers licensed in other U.S. states. It directly affects New Jersey residents (those living in the state for at least six months annually) and their employers, who may reimburse employees for these policies. The key provision removes legal barriers preventing residents from buying such out-of-state coverage, and states that this purchase satisfies any legal requirement to maintain health insurance. Employers can cover the costs, and the policy counts toward any obligation to maintain coverage imposed by employers or other entities. The bill takes effect 90 days after enactment.